The decline in visitation to Las Vegas this spring hurt business at the Las Vegas Hilton, which sustained a loss for the second quarter ended June 30.
The 3,174-room Paradise Road property is owned by affiliates of Los Angeles investment group Colony Capital and other investors.
It lost $10.552 million during the June quarter vs. a profit in the year-ago period of $3.394 million, a regulatory filing showed Thursday.
Revenue declined from $75.5 million to $45.2 million.
Read more:
http://www.lasvegassun.com/news/2009/aug/13/hiltons-earnings-tumble-second-quarter/
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